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2. Common real estate contingencies and what they mean - AOL

   www.aol.com/finance/common-real-estate...

   A contingency clause in a real estate purchase agreement specifies an action or requirement that must be met, within a particular time frame, for the contract to become legally binding. Both the ...

3. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so such a contingency may be useful for a buyer.

4. When is it too late to back out of buying a house?

   www.aol.com/finance/back-house-offer-once...

   Backing out with a contingency. A standard real estate contract typically comes with a number of contingencies — these are the conditions that must be met in order for a home purchase to move ...

5. 72-hour clause - Wikipedia

   en.wikipedia.org/wiki/72-hour_clause

   A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...

6. Contingent contract - Wikipedia

   en.wikipedia.org/wiki/Contingent_contract

   A contingent contract is an agreement that states which actions under certain conditions will result in specific outcomes. [1] Contingent contracts usually occur when negotiating parties fail to reach an agreement. The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions ...

7. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...